Change in deferred payment of import
Monday, 25 August 2014
Bangladesh Bank has brought a change in the deferred payment against the import bill regarding the import of different goods. A circular of the Foreign Exchange Policy Department (FE Circular No. 27, dated July 01, 2014) said it had since been decided that the exemption from quarterly instalment repayment would apply regardless of import value in case of deferred payment for imports of up to six months term in bulk for some unprocessed, crude food items. —UNB